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Is Participation in Tourism Market an Opportunity for Everyone? Some Evidence from Italy

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  • Bernini, Cristina
  • Cracolici, Maria Francesca

Abstract

Exploring the main determinants of tourism participation at national and international level, the paper investigates if there are differences in tourism consumption behavior among Italian families which reflect disparities in their standard of living. To achieve this a Heckman model has been used on a huge sample of Italian households over the period 1997-2007. Results show that participation in the tourism market is strongly affected by the personal characteristics of individuals and that tourism consumption is an income sensitive good. The analysis reveals that tourism is generally a luxury good reflecting the disparities in the standard of living among Italian families. We have found that participation in the tourism market is affected not only by economic constraints, but also by cultural and territorial factors.

Suggested Citation

  • Bernini, Cristina & Cracolici, Maria Francesca, 2014. "Is Participation in Tourism Market an Opportunity for Everyone? Some Evidence from Italy," Economy and Society 165757, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemso:165757
    DOI: 10.22004/ag.econ.165757
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    Cited by:

    1. Cellini, Roberto & Cuccia, Tiziana, 2014. "The Tourism Industry in Italy during the Great Recession (2008-12): What Data Show and Suggest," MPRA Paper 60999, University Library of Munich, Germany.
    2. Bernini, Cristina & Cracolici, Maria Francesca, 2015. "Demographic change, tourism expenditure and life cycle behaviour," Tourism Management, Elsevier, vol. 47(C), pages 191-205.
    3. Gianluca Cafiso & Roberto Cellini & Tiziana Cuccia, 2015. "Do Economic Crises Lead Tourists to Closer Destinations? An Analysis of Italy's Regional Data," CESifo Working Paper Series 5250, CESifo.

    More about this item

    Keywords

    Community/Rural/Urban Development;

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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